According to a new market research report published by Credence Research “RAIN RFID Solutions Market (By Component– Tags, Readers, Software and Services; By Application: Apparel and Footwear; Retail; Logistics; Asset Management; Medical; Air Baggage and Cargo; Electronic Vehicle Identification and Others) – Growth, Future Prospects, Competitive Analysis and Forecast 2017 – 2025”, the global RAIN RFID solutions market was valued at US$ 969.9 Mn in 2016 and is expected to grow at a CAGR of 22.6% during the forecast period from 2017 to 2025.